Wednesday, February 28, 2007

Two Market Themes of the Day

There are rumors of mutual funds who had difficulty selling off their portfolios for stop-loss reasons mixed with whispers of stock bargain-hunters out for undervalued investments in the market today. It's going to be difficult to see who is going to win out (ie. big loss or big gain today), but if the Japanese Nikkei is any indication (falling 500+ points), the stock market isn't out of the clear yet.

I expect a lot of small-time investors to be holding today, while long-term investors, if they haven't already done so, try to liquidate and keep at least some of their previous year's gains. After-markets indicate a rebound in confidence for the tech sector.

No comments: